In rare defense investment, Ireland will spend around $13 million to replenish EU arms stocks
Ireland will invest 12 million euros ($12.9 million) to help replenish depleted EU arms stocks, the Irish Times reported on June 11, citing the country's defense department. The investment will be spread across two years, the defense department said. Ireland is not a member of NATO, and has one of the lowest rates of defense spending across the EU, at around 0.2% of its GDP. Ireland has taken in a significant number of Ukrainian refugees since the beginning of the full-scale war, estimated to be just shy of 100,000, around 73,000 of whom were living in state-provided housing at the end of 2023...